UH

M:P

O:S

OM

:Re

tAddr_

Id=

RA

_C

BL0001:S

L_F

S_F

ront=

SL_C

BL00

02:D

uple

x

UH

M:J

A:P

rinte

rNa

me=

Welc

om

e_P

ack_T

SB

:CustS

pec_01=

8770064

1:C

ustS

pec_02=

CB

P-B

1

87700641

Mr Daniel Schipor495 Kenton LaneHarrowMiddlesexHA3 7JW

26 May 2015Your account number: 5005891755 01

Doc Ref: CBP/B1-1

Dear Sir / Madam,

Welcome to Close Brothers Premium Finance

Thank you for choosing Close Brothers Limited trading as Close Brothers Premium Finance to fund yourinsurance premium and any associated costs, arranged through Right Choice Insurance Brokers Ltd.

There are just two things to do

Step 1: Read, sign and return your creditagreement

It's important that you read the informationenclosed with this letter, including the Questionsand Answers sheet, pre-contract information andcredit agreement.

If you're happy to go ahead, please sign acopy of your credit agreement and return it tous in the prepaid envelope within 14 days.The other copy is for your records.

If you don't return your signed credit agreement,we may cancel your account, which could affectyour insurance policy.

Step 2: Check your Direct Debit details

Account Name: DANIEL SCHIPOR Account Number: 82106949 Sort Code: 40-20-16 Mandate Reference: 68366272

If any of these details are incorrect, please letus know immediately on 0870 990 7967.

Please make sure you read the Direct Debitconfirmation included with this letter, whichincludes a copy of the Direct Debit Guarantee.

If there's anything else you would like to know, please call us on 0870 990 7967 between 9am and5.30pm, Monday to Friday. Or, if your question is about your insurance policy itself, please contact yourinsurance broker Right Choice Insurance Brokers Ltd on 01708 336500.

Yours faithfully,

Close Brothers Premium Finance

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

About your credit agreement

Its important that you read the documents enclosed with this letter as they contain essentialinformation about your credit agreement. The pre-contract information and Questions and Answerssheet outline the key features of your credit agreement. They explain your right to withdraw from thecredit agreement, how to settle your account early and what happens if you miss a payment, includingany fees you may be charged.

About your payments

Your minimum monthly payments will be taken from the bank account specified in this letter. Full detailsabout your payments, including the dates the Direct Debit will be taken each month, can be found in theenclosed Direct Debit confirmation.

Fees

We may charge you the following additional fees:

Fee if you miss any minimum monthly payment: 30.00

Fee for each drawing if your account is cancelled due to your failure tocomply with the terms and conditions of your agreement: 0.00

About your insurance

Start date Policy number Insurer Cover typeAmount to bedebited ()

24/05/2015 FC/4805/1545638

Markerstudy InsuranceCompany Limited

Private Car 1,150.00

26/05/2015 - Brokers Fee Fee 45.00

Less deposit 268.17

Total premium 926.83

Add projected interest at 18.50 per 100 (APR 52.27%) 171.46

Total amount payable to us 1,098.29

This does not include any credit arrangement fee paid directly to your broker. Please see your creditagreement for more information.

If there is a change to the total amount payable on your credit agreement (for example, if you renewyour insurance policy), the interest rate may vary.

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Mr Daniel Schipor495 Kenton LaneHarrowMiddlesexHA3 7JW

26 May 2015Your account number: 5005891755 01

Important: Confirmation of the set-up of your Direct DebitInstruction, including future payment schedule.

Dear Sir / Madam,

Welcome to Close Brothers Premium Finance

Thank you for choosing Close Brothers Limited trading as Close Brothers Premium Finance to fund yourinsurance premium and any associated costs, arranged through Right Choice Insurance Brokers Ltd.

Your Direct Debit details

We hold the following Direct Debit details for you:

Account name: DANIEL SCHIPOR

Account number: 82106949

Bank Sort Code: 40-20-16

If any of these details are incorrect, please let us know immediately on 0870 990 7967.

Your payment schedule

Your monthly payments will be taken as follows:

Date Amount () Date Amount ()

24/06/2015 109.83

24/07/2015 109.82

24/08/2015 109.83

24/09/2015 109.83

26/10/2015 109.83

24/11/2015 109.83

24/12/2015 109.83

25/01/2016 109.83

24/02/2016 109.83

24/03/2016 109.83

We collect payments monthly in advance, beginning on the start date of your policy. If your insurancepolicy has been in place for a period of time you may need to make more than one payment within the

first month. If so this is shown above.

For your information, collections will be made using this reference:

Service user number: 807324

Reference: 68366272

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

What to do next

If any of these details are incorrect, please let us know immediately on 0870 990 7967. However, if yourdetails are correct you need do nothing and your Direct Debit will be processed as normal. You have theright to cancel your Direct Debit at any time. A copy of the Direct Debit Guarantee is below.

If there's anything else you would like to know, please call us on 0870 990 7967 between 9am and5.30pm, Monday to Friday. Or, if your question is about your insurance policy itself, please contact yourinsurance broker Right Choice Insurance Brokers Ltd on 01708 336500.

Yours faithfully,

Close Brothers Premium Finance

The Direct Debit Guarantee

This Guarantee is offered by all banks and building societies thataccept instructions to pay Direct Debits.

If there are any changes to the amount, date or frequency of your Direct Debit, Close BrothersLimited trading as Close Brothers Premium Finance will notify you two working days in advance ofyour account being debited or as otherwise agreed. If you request Close Brothers Limited tradingas Close Brothers Premium Finance to collect a payment, confirmation of the amount and date willbe given to you at the time of the request.

If an error is made in the payment of your Direct Debit, by Close Brothers Limited trading as CloseBrothers Premium Finance or your bank or building society, you are entitled to a full and immediaterefund of the amount paid from your bank or building society.

o If you receive a refund you are not entitled to, you must pay it back when Close BrothersLimited trading as Close Brothers Premium Finance asks you to.

You can cancel a Direct Debit at any time by simply contacting your bank or building society.Written confirmation may be required. Please also notify us.

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Pre-contract credit information (Standard European Consumer Credit Information)

1. Contact details

CreditorAddress

Close Brothers Limited trading as Close Brothers Premium Finance21st Floor, Tolworth Tower, Ewell Road, Surbiton KT6 7EL

Credit intermediaryAddress

Right Choice Insurance Brokers LtdSt James House, 24-43 Eastern Road, Romford, Essex, RM1 3NH

2. Key features of the credit product

The type of credit Running account

The total amount of creditThis means the amount of credit to be provided under theproposed credit agreement or the credit limit

At the date of the credit agreement (the "Agreement") there willbe no credit limit but we may apply a credit limit by writing to youin advance.

How and when credit would be provided Credit will be provided to finance the purchase of insurancepolicies (each a "Relevant Policy") and associated charges.Payment will be made direct to the broker or the insurancecompany under the Relevant Policy.

The duration of the credit agreement The Agreement has no fixed or minimum duration.

Repayments You must make a minimum monthly payment to us each month inrespect of each drawing while you owe money under theAgreement. This will be enough to repay each drawing under theAgreement (together with any associated interest and charges)before the expiry of the Relevant Policy it finances. Each drawingunder the Agreement will be repayable in instalments, each ofwhich will be an equal proportion of the total amount you mustpay in respect of that drawing (as set out in the box below) lessthe amount of any facility fee and less any credit arrangement feeyou may have been charged by your broker (unless this has beenfinanced by us and included in the amount of the drawing). Eachminimum monthly payment will consist of a single instalment,except that the first minimum monthly payment may include twoor more instalments, depending on when it is due. The firstminimum monthly payment will also include any facility fee. Thefirst drawing under the Agreement will be repayable in 10instalments.

The total amount you will have to payThis means the amount you have borrowed plus interest andother costs

The total amount you must pay in respect of your first drawing of926.83 is 1,098.29, assuming you make all your minimummonthly payments on time. This amount includes any creditarrangement fee you may have been charged by your broker.

Based on the assumption that you had borrowed 1,200.00 underthe Agreement, and the other assumptions set out in theAgreement under "Interest and charges", the total amount thatyou would have to repay us under the Agreement would be1,496.04.

The proposed credit will be linked to the supply of specificgoods or the provision of a serviceDescription of services Cash price

The proposed credit will be linked to the purchase of a RelevantPolicy or Policies.

The cash price of the Relevant Policy and any associatedcharges to be financed by the first drawing is 1,195.00.

Security requiredThis is a description of the security to be provided by you inrelation to the credit agreement

We have a charge over each Relevant Policy.

3. Costs of the credit

The rates of interest which apply to the credit agreement The flat rate interest charge on the first drawing under theAgreement will be 18.50%. This is equivalent to an annual rate ofinterest of 24.67%, assuming that the drawing is repaid in 10instalments starting on the first date when the facility is available.We may notify you to vary the flat rate interest charge and theannual rate of interest.

Annual Percentage Rate of Charge (APR)This is the total cost expressed as an annual percentage ofthe total amount of creditThe APR is there to help you compare different offers

The APR on the first drawing under the Agreement will be52.27%, based on the assumptions set out in the Agreement.

A higher APR may apply to future drawings made under theAgreement.

UKSECCI-R-01/15 -V1

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Related costs

Any other costs deriving from the credit agreement

Conditions under which the above charges can be changed

We may charge: (i) a facility fee each time you make a newdrawing or increase the amount of a drawing to finance anincrease in the insurance premium. The facility fee for the firstdrawing under the Agreement will be 0.00; (ii) a fee where youask to move back the due date for any minimum monthlypayment by more than seven days; (iii) a fee of 0.00 where weterminate the Agreement following an event of default for eachdrawing; and (iv) a fee for any reasonable costs we incur inresponding to and dealing with your enquiries. Your broker mayhave charged a credit arrangement fee of 0.00 for thearrangement of the first drawing under the Agreement. You maybe charged a credit arrangement fee each time you make a newdrawing or increase the amount of a drawing to finance anincrease in the insurance premium.

Costs in the case of late payments You will have to pay 30.00 if we don't receive any minimummonthly payment on time. We may also charge you interest at theannual rate of interest applicable to the relevant drawing on anyamount you fail to pay us on time.

Consequences of missing payments If you miss a payment you will incur extra charges, your creditrecord may be affected and you may find it harder to borrowagain from us or another lender. We may take steps to have theRelevant Policy or Policies terminated. We may also take legalaction against you.

4. Other important legal aspects

Right of withdrawal You have the right to withdraw from the Agreement without givingany reason before the end of 14 days beginning with the day after(a) where we send you an agreement signed by us, the day onwhich you enter into the Agreement or (b) where you sign anagreement that has not been signed by us, the day on which youreceive a copy of the Agreement signed by us.

Early repayment You have the right to repay the credit early in full or in part at anytime.

Consultation with a Credit Reference Agency If we decide not to proceed with an Agreement on the basis ofinformation from a credit reference agency we will inform you ofthis and of the particulars of that agency.

Right to a draft credit agreement You have the right, upon request, to obtain a copy of the draftAgreement free of charge.

5. Additional information in the case of distance marketing of financial services

(a) concerning the creditor

Registration number Company registration number 195626Financial Services Register number 124750

The supervisory authority Authorised by the Prudential Regulation Authority and regulatedby the Financial Conduct Authority and the Prudential RegulationAuthority

(b) concerning the credit agreement

The law taken by the creditor as a basis for the establishmentof relations with you before the conclusion of the creditagreement

English law

The law applicable to the credit agreement and/or thecompetent court

English law and subject to the non-exclusive jurisdiction of theEnglish courts.

Language to be used in connection with the credit agreement English.

(c) concerning redress

Access to out-of-court complaint and redress mechanism Any complaint should be directed to us in the first instance, eitherby telephone on 0870 990 7967, by email atcomplaintspf@closebrothers.com or in writing to us at theaddress above. If you are unhappy with any response, you mayhave the right to contact the Financial Ombudsman Service atThe Financial Ombudsman Service, Exchange Tower, LondonE14 9SR Tel: 0800 023 4567E-mail: complaint.info@financial-ombudsman.org.ukWebsite: www.financial-ombudsman.org.uk

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Questions and answers

Its important that you take time to consider the information within this pack carefully. To help you do so, we haveprepared a series of question and answers.

Q) Are there any uses for which this credit agreement is not suitable? If so, what are they?A) The running account credit agreement gives you an easy way to spread the cost of your insurance premium overa period of time, allowing you to manage your cashflow more easily over the life of your policy. It is specificallydesigned for the repayment of insurance premiums and isnt suitable for any other use.

Q) What will it cost me?A) You will have to pay back the money you draw down under the agreement and pay interest, a facility fee (ifcharged) and any credit arrangement fee you may have been charged by your broker (unless you have chosen tofund this with us, in which case it will be included in the amount you draw down under the agreement). In somecases, you may have to pay other charges (for example, if you miss a payment) which are described in the Interestand charges section of your agreement well let you know if these charges arise, but these costs are all specifiedin your credit agreement itself and the Standard European Consumer Credit Information sheet.

Your minimum monthly payments are calculated by adding interest to the amount youve drawn down and dividingthat total by the number of months over which the money is to be repaid. Your Direct Debit confirmation outlinesyour minimum monthly payments and your credit agreement outlines the total you will repay. If you have to pay afacility fee this will be added to the first minimum monthly payment.

Q) Are there any features of the credit agreement which could have an adverse impact on me?A) Yes. As the insurance policy forms the security for your credit, your insurance policy is at risk of cancellation ifyou fail to meet your repayment obligations. If your insurance policy is cancelled in such circumstances, we havethe right to receive any proceeds or refunds paid. If we do, we will use these funds to reduce the amount you oweus.

Q) What will happen if I do not pay my minimum monthly payments on time?A) You may have to pay a charge plus interest if we dont receive a minimum monthly payment on time, asdescribed in the Interest and charges section of the credit agreement. If you are in breach of the terms of the creditagreement, we may have a right to terminate it and in such circumstances, we may charge a termination fee as setout in the Interest and charges section of the credit agreement. We may also enforce any security given to us underthe terms of the credit agreement, which will result in the cancellation of your insurance policy. Youll be liable topay all sums owing to us, as well as any charges. Your credit record may be affected, and you may find it harder toborrow from us or another lender.

Q) How important is it for me to read the pre-contractual information?A) It is very important that you read all the pre-contractual information included within your Welcome Pack and taketime to consider it carefully. The Welcome Pack also contains, in the form of the Standard European ConsumerCredit Information, details of the cost of your credit agreement, the minimum monthly payments that you will needto make and the dates on which these will be taken, as well as the terms and conditions of the credit agreementitself which is our legal contract with you. This information will let you make an informed decision about whether ornot this is the right product for you.

Q) Do I have any right of withdrawal? If so, what are the terms?A) You have the right to withdraw from the credit agreement without giving any reason before the end of 14 daysbeginning with the day after (a) where we send you an agreement signed by us, the day on which you enter into theagreement or (b) where you sign an agreement that has not been signed by us, the day on which you receive acopy of the agreement signed by us.

If you wish to withdraw you must give us notice by one of the following methods: (i) by telephone on 0870 9907967; (ii) by e-mail to customerservicespf@closebrothers.com; or (iii) by post or delivery to Close Brothers PremiumFinance, 21st Floor, Tolworth Tower, Ewell Road, Surbiton KT6 7EL.

If you validly withdraw as described, the credit agreement is treated as if it was never entered into and you mustrepay the amount of credit within 30 days beginning with the day after the day you notified Close Brothers PremiumFinance of your intention to withdraw. You will not have to pay us any interest or charges but you will have to makealternative arrangements to pay for your insurance.

Q) How can I get further information about my credit agreement? A) If you have any questions or you would like more information, you can call us on 0870 990 7967 at any timebetween 9am and 5.30pm, Monday to Friday, or write to us at Close Brothers Premium Finance, 21st Floor,Tolworth Tower, Ewell Road, Surbiton KT6 7EL.

UKRACAQ&A-R-01/15-V1

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Credit Agreement regulated by the Consumer Credit Act 1974This Running Account Credit Agreement is between:

This Bank (Close Brothers Limited trading as Close Brothers Premium Finance, 21st Floor, Tolworth Tower, Ewell Road, Surbiton KT6 7EL); andThe Customer (If a trading name is used, insert name and trading title, e.g. Sam Jones t/a Jones Export)

Name Mr Daniel Schipor

Address 495 Kenton Lane, Harrow, Middlesex

Post Code HA3 7JW Email FAMILIASCHIPOR@YAHOO.COM Mobile

Home Tel 07760 957684 Date of Birth (if applicable) DD/MM/YY 12/08/89 Company Registration No. (If applicable)

Details of the Customers Insurance Broker (the Broker)

Broker Name Right Choice Insurance Brokers Ltd Broker Code 5005195045

Broker Address St James House, 24-43 Eastern Road, Romford, Essex, RM1 3NH

This Agreement and the FacilityReferences in this Agreement to We, Our and Us are to the Bank. References to You and Your are to theCustomer.

The main terms of this Agreement concerning the payments that You must make and Your rights under the Agreement

are set out on this page above the signature box. More detailed Conditions, which also form part of this Agreement, are

set out over the page.

This Agreement sets out the terms of a credit facility under which You, or the Broker on Your behalf, may request one

or more drawings to finance the purchase of insurance policies and any charges associated with those policies. You

authorise and instruct Us to forward the amount of each drawing to the Broker or the insurer under the policy being

financed. We will open an account in Your name to record the unpaid balance of all drawings, all interest and any charges

relating to the facility (the Account).

The facility has no fixed duration and, at the date of this Agreement, imposes no credit limit but We may apply a credit

limit by writing to You in advance.

Payments and repayments

You must make a minimum monthly payment to Us each month in respect of each drawing while You owe money under

this Agreement. We will determine the minimum monthly payment, which will be enough to repay each drawing (together

with any associated interest and charges) before the expiry of the insurance policy or policies it finances. We will write to

tell You what the minimum monthly payment is and the dates when it is due. We may notify You to revise the minimum

monthly payment and the dates when it is due each time there is a new drawing, a change in the insurance premium or

the charges being financed, or You make an overpayment or a partial early repayment. The total amount You must repay in respect of Your first drawing of 926.83 under this Agreement is 1,098.29 , assuming You make all Your

minimum monthly payments on time. This amount includes any credit arrangement fee You may have been charged by

the Broker.

Interest and charges

We apply a flat rate interest charge on the amount of each drawing. The flat rate interest charge on the first drawing

under this Agreement will be 18.50% . The annual rate of interest is equal to the flat rate interest charge adjusted by the

portion of a year for which the drawing is outstanding. The annual rate of interest for the first drawing under this

Agreement is 24.67% , assuming that the drawing is repaid in 10 instalments starting on the first date when the

facility is available. We may notify You to vary the flat rate interest charge and the annual rate of interest in accordance

with Condition 10.

The APR under this agreement is 52.27% , based on the assumptions that: (i) You make a single drawing, which is

assumed to be 1,200, on the first date when the facility is available and any facility fee and credit arrangement fee is

calculated on the basis of a drawing of that amount; (ii) the drawing, interest charge and any facility fee are repaid in equal

monthly payments over a period of one year commencing one month after the date of the drawing; and (iii) interest is

charged at the annual rate of interest quoted above. Based on these assumptions, the total amount You would have

pay under this Agreement would be 1,496.04

The dates and amounts of payments assumed to calculate the annual rate of interest, the APR and the total amount

payable may not be the same as the dates and amounts of payments that apply to actual drawings under this Agreement.

The facility fee for the first drawing made under this Agreement will be 0 The Broker will have charged you a

credit arrangement fee of 0.00 for the arrangement of this drawing. You may be charged a facility fee and / or

a credit arrangement fee each time you make a new drawing or increase the amount of a drawing to finance an increase

in insurance premium.

If one of the following events occurs, We may make the following charges (which We will debit from Your account

automatically):

(a) 30 if We do not receive any minimum monthly payment on time;

(b) 0 for each drawing if We end this Agreement for a reason set out in Condition 5;

(c) a fee of at least 25 if You ask to move back the date for any minimum monthly payment by more than 7 days;

(d) all reasonable management and administrative costs We incur in responding to and dealing with Your enquiries

relating to the administration of Your account, subject to any restrictions under (i) the Consumer Credit Act 1974

(CCA) and all regulations made under it; (ii) the rules of the Financial Conduct Authority and any other rules orrequirements of a relevant regulatory authority; and (iii) all other laws, rules and regulations as in force and

applicable to Our provision of credit under this Agreement (Applicable Law ); and

(e) if You fail to make a minimum monthly payment or to pay any other amount on time, interest on the unpaid amount

until that amount is paid, calculated daily at the annual rate of interest applicable to the relevant drawing (determined

as described under Interest and charges).

Right to withdraw

You have the right under the CCA to withdraw from this Agreement without giving any reason before the end of a period

of 14 days beginning on the day after (a) where We send You an agreement signed by Us, the day on which You enter

into this Agreement or (b) where You sign an agreement that has not been signed by Us, the day on which You receive a

copy of this Agreement signed by Us. If You wish to withdraw You must give Us notice by one of the following methods:

(i) by telephone on 0870 990 7967; (ii) by email to customerservicespf@closebrothers.com; or (iii) by post or delivery of the

notice to the above address. If You do give Us notice of withdrawal, You must repay to Us the amount of any drawing that

has been made without delay and in any event by no later than 30 days after the day on which You give US notice of

withdrawal. You will not be required to pay any interest or charges. If You withdraw from this Agreement leaving sums

outstanding We may notify credit reference agencies.

Missing payments

If You miss a payment You will incur extra charges, Your credit record may be affected and You may find it harder to

borrow again from Us or another lender. We may take steps to have Your insurance policy or policies terminated. We may

also take legal action against You.

Use of Your information

In order for Us and others to: (i) assess Your credit application; (ii) administer this Agreement and related transactions;

or (iii) comply with laws and regulations, undertake fraud prevention, debt recovery, statistical analysis or systems

development, You agree that We may use personal information about You and pass Your personal data to: (i) associated

companies within and outside the European Economic Area (EEA); (ii) third party service providers within and outside theEEA; (iii) credit reference, law enforcement or fraud prevention agencies; and (iv) anyone acting on Your behalf and any

guarantor of this Agreement.

We and any other company in the Close Brothers Group plc group (Group Company ) may contact You in relation tothis Agreement by post, email, text message or phone. We may send You marketing information advising You of other

financial products and services offered by Us or a Group Company that may be of interest to You. You have the right at

any time to stop Us from contacting You. Please write to Us at the above address, email Us at

customerservicespf@closebrothers.com or telephone Us on 0870 990 7967 if You want Us to stop or for more details.

Signature of Customer Signature of Bank

Print Name Date Date 26/05/2015

Customer declaration and data protection

By entering into this Agreement, You consent to receiving post, email, text and/or phone marketing messages from Us. If

Customer acknowledgements

(a) These are Our standard terms and conditions on which We intend to rely. You should read this Agreement carefully

You do not want to receive such marketing, tick here. before signing it, together with any other documentation We have sent You. If You do not understand anything please

You confirm that:

(a) all information given by You in connection with this Agreement is true and correct;

(b) You are not in default under any agreement with Us or a Group Company;

(c) You are not aware of any circumstances that would affect Our decision to enter into this Agreement with You

(including Your inability to make Your monthly minimum payments on time);

(d) You have received the pre contract information prior to signing this agreement.

If you are not a company or partnership You also confirm that:

(e) You have not been adjudged bankrupt and no proceedings for bankruptcy are pending or have been issued against

You; and

(f) You consent to Us and third parties using Your personal information as set out in this Agreement.

ask for further information or seek independent advice.

(b) If We do not receive a signed copy of this Agreement back from You (or satisfactory confirmation that You have signed

it), We will have no obligation to provide You with credit. If We withdraw Our offer to provide credit, any amounts paid

by Us to the Broker will be held by the Insurer on Our behalf and You authorise Us to repay any interest and charges

that We have collected from You to the Broker on Your behalf. Any insurance policy that was to be financed under this

Agreement may be at risk of being cancelled.

(c) Even if You do not sign and return a copy of this Agreement to Us or confirm that You have done so, We will regard

You as having accepted Our offer to provide credit to You on the terms set out in this Agreement if You permit the first

minimum monthly payment under the facility to be collected from Your bank account under the Direct Debit Instruction

that You have provided to Us.

BfuBfVZVeCJdeJFu;FUJUwYZdeDfw:dwXB500589175501

FO

RM

910

1

R_PL_CS_STD_CA_A_B_0115

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Conditions

1. Request for drawings: You may request credit under this Agreement by sending Your request to the

Broker. We may decline any such request. The amount of any request for credit in connection with the

policy being financed (such policy including any renewal, substitution or replacement of the policy, being a

Relevant Policy ) will be debited to Your Account and We will pay it to the Broker or the insurer.

2. Minimum monthly payments: You must pay to Us by Direct Debit a minimum monthly payment as referred

to on the front page of this Agreement. We do not have to send You a separate demand. You must

maintain a Direct Debit Instruction in respect of the minimum monthly payment due for the duration of this

Agreement.

3. Security: As security for the payment of all present and future amounts, obligations and liabilities that You

owe to Us under or in connection with this Agreement (Unpaid Amounts ), You:

(a) charge to Us by way of first fixed charge; and

(b) assign and agree to assign to Us by security, absolutely and unconditionally, all Your right, title and interest

at any time in and to the Relevant Policies, including (without limitation) all rights to and interest in (i) all

sums payable under Relevant Policies (including refunds and claims other than third party claims), and (ii)

the right to cancel and/or enforce the Relevant Policies.

In addition, for so long as there are Unpaid Amounts outstanding, You agree that You will:

(c) not create or allow to exist any security interest on, or in relation to, any Relevant Policy other than those

rights specifically given in Our favour;

(d) not assign or transfer any Relevant Policy to any other person;

(e) not cancel, vary, renew or replace any Relevant Policy without Our consent;

(f) not claim under any Relevant Policy without notifying Us in advance;

(g) not appoint a broker other than the Broker referred to on the front page of this Agreement without Our

consent;

(h) not do or allow anything to be done which might prejudice Our security over the Relevant Policies or

reduce the amount payable under any of them;

(i) ensure that any refund of premiums due in connection with a Relevant Policy is paid to Us (and We will

credit the refund to Your Account); and

(j) take whatever action We reasonably request to (i) perfect or protect the security created by this

Agreement, and (ii) enable the cancellation or enforcement of any Relevant Policies.

4. Enforcement of security: If, following any event or circumstance specified in Condition 5 (each an Event

of Default ), We decide to enforce the security, We (or the Broker acting on Our behalf) may take such

steps in relation to the Relevant Policies as are necessary to protect Us. These steps may include (but are

not limited to): (i) notifying Your insurer of Our interest in the Relevant Policies; (ii) cancelling any Relevant

Policy and applying any proceeds or refunds paid under it in or towards payment of the Unpaid Amounts;

(iii) taking steps to enforce any Relevant Policy; and (iv) taking possession of any Relevant Policy and

retaining it. This will mean that You do not receive any amounts paid in connection with the Relevant

Policies until We have been repaid in full.

5. Events of default: The Events of Default are:

(a) You fail to pay on the due date any minimum monthly payment due in respect of Your Account;

(b) You use all or any part of any drawing for any purpose other than to pay the premium on a Relevant Policy

or any associated charges;

(c) any of the following apply to You:

(i) You are insolvent or unable to pay Your debts under any applicable law or You suspend payments on any

of Your debts;

(ii) a statutory demand or bankruptcy petition or order is served on You;

(iii) an arrangement is approved in respect of You for a compromise of Your debts or You sign a trust deed for

the benefit of creditors;

(iv) You are dissolved, enter administration, moratorium or receivership or are wound-up; or

(v) any procedure or step is taken in any jurisdiction in respect of You which has a similar effect to those in (i)

to (iv) above;

(d) enforcement or execution or distress is levied or attempted against You or any of Your assets or income

including (without limitation) the appointment of a receiver or any procedure or step is taken in any

jurisdiction which has a similar effect;

(e) You fail to comply in any material respect with any of the terms of this Agreement;

(f) You are in material breach of any of the terms of any other agreement that You have entered into with Us or

any other Group Company;

(g) We consider, in Our reasonable discretion, that the security that You have granted to Us under this

Agreement is in jeopardy;

(h) You have given false information or have otherwise committed or assisted another person to commit fraud

in connection with this Agreement; or

(i) We reasonably consider that Our reputation would be at risk if We were to continue with this Agreement.

6. Remedies on default: If any Event of Default occurs and is continuing, and We give You at least fourteen

days notice in writing, then We may:

(a) declare that any Unpaid Amounts (including unpaid interest that has not yet been debited to Your account)

have become immediately due and payable to Us; and

(b) enforce the security that You have granted to Us.

7. Termination of the Agreement:

(a) We may end this Agreement at any time by giving You at least two months written notice.

(b) You (or the Broker acting on Your behalf) may end this Agreement at any time by giving written notice to Us.

(c) If We or You terminate this Agreement You must pay Us on or before the termination date any Unpaid

Amounts (including accrued interest which has not yet been debited to Your Account).

8. Set-off rights: We may set-off any amount due from You under this Agreement or under any other

agreement with Us or any other Group Company against any obligation that We owe to You. Any exercise

of Our right to set-off shall not limit or affect any other rights or remedies available to Us under this

Agreement.

9. The Broker:

(a) You authorise and instruct the Broker on Your behalf to:

(i) submit any application for a drawing;

(ii) pay any drawing to the insurer to cover the cost of a premium payable under a Relevant Policy; and

(iii) arrange for any refund of premiums following cancellation of a Relevant Policy and any other amounts

payable to You in connection with a Relevant Policy to be paid to Us (and We will credit those amounts to

Your Account).

(b) You authorise Us to pay to the Broker on Your behalf any amount (including repayment of any interest and

charges on withdrawal) that We have to pay to You under this Agreement.

(c) The Broker has at Our request made arrangements for You to enter into this Agreement and You

acknowledge and agree that We may pay commission to the Broker. Nevertheless, the Broker has not

acted and does not act as Our agent in relation to this Agreement or the facility.

10. Variation:

(a) We may vary this Agreement with immediate effect (and will notify You in writing where We have done so)

to:

(i) reflect changes in Applicable Law or new industry guidance or codes of practice; or

(ii) vary the flat rate interest charge and the annual rate of interest if You request a further drawing or an

increase of an existing drawing or to reflect changes in the cost of providing Our services to You.

(b) If We give You at least seven days written notice We may vary this Agreement to:

(i) vary the facility fee if You request a further drawing or an increase of an existing drawing;

(ii) vary any charges to reflect changes in the cost of providing Our services to You;

(iii) correct an obvious error or make minor amendments to this Agreement that do not materially prejudice

Your rights under it; or

(iv) reflect an improvement to or extension of the scope of the services that We provide to You or any other

change to the services that is not detrimental to You.

(c) Where We agree to finance an increase in the insurance premium or associated charges, this may be

treated as a new drawing or an increase in an existing drawing.

11. Credit reference and fraud prevention agencies: To assess Your application, prevent fraud or money

laundering, We may: (i) use credit scoring and automated decision making systems; and (ii) search

records, which may be linked to persons with whom You are linked financially and record details relating

to You, at credit reference and fraud prevention agencies. We may add details of this Agreement and

payments, defaults or failures by You under it to Your record.

Credit reference and fraud prevention agencies keep records of enquiries and add details of Our search and

Your application to Your record. You can ask for the names of the credit reference and fraud prevention

agencies to whom We disclose information or from whom We have obtained information about You by

writing to Us or telephoning Us on 0870 990 7967

12. Information: You must promptly:

(a) provide Us with any information that We may reasonably request from You that is relevant to Our

assessment of Your creditworthiness; and

(b) inform Us without delay of any changes to Your contact details provided.

13. Transfer of rights and obligations: We may transfer all or any of Our rights and obligations under this

Agreement to any person, provided that We reasonably believe such transfer will not prejudice Your rights.

You may not assign or transfer Your rights or obligations under this Agreement without Our consent.

14. No waiver: Any failure by Us (whether continued or not) to insist upon strict compliance with any of the

terms of this Agreement will not affect Our ability to exercise Our rights in the future.

15. Governing law: This Agreement and any non contractual obligations arising out of or in connection with it

are governed by English law and both You and We submit to the non-exclusive jurisdiction of the English

courts in relation to any dispute in connection with this Agreement.

Important information

16. Right to repay early: You have the right under the CCA to repay amounts that You have borrowed under

this Agreement early in full or in part. If You wish to repay any amount early You must give Us notice by one

of the following methods: (i) by telephone on 0870 990 7967; (ii) by email to

customerservicespf@closebrothers.com or (iii) by post or delivery of the notice to the above address. If You

do repay an amount early, We may recalculate the minimum monthly payment to ensure that drawings are

repaid over the time period originally agreed with You.

17. Right of action: You may be entitled to take action against the insurer under a Relevant Policy, the Broker

or Us if You have received unsatisfactory services paid for under this Agreement costing more than 100

and not more than 30,000. If the value of the services is more than 30,000 and less than 60,260 You

are entitled to take action against Us if You are unable to obtain redress from the insurer or the Broker.

18.Consumer Credit Act: If You are a company or a partnership consisting of four or more persons, You willnot benefit from protections under the CCA or the Consumer Credit Sourcebook of the Financial Conduct

Authority.

19. Complaints and requesting information: If You would like to make a complaint about Our services, in the

first instance, and to allow Us to resolve any problems, please telephone Us on 0870 990 7967, email Us at

complaintspf@closebrothers.com or write to Us at the address at the top of the front page. Our complaints

handling procedures can be obtained using any of the above details. If You feel the complaint has not been

satisfactorily resolved then, if You are not a business debtor, You have a right to complain to the Financial

Ombudsman Service. If You are a business debtor, You may have a right to complain to the Financial

Ombudsman Service. The Financial Ombudsman can be contacted on 0800 023 4567, or by writing to The

Financial Ombudsman Service, Exchange Tower, London E14 9SR or by email to

complaint.info@financial-ombudsman.org.uk or via their website at www.financial-ombudsman.org.uk. You

may ask for a copy of the information We hold about You by writing to Information Requests at the address

at the top of the front page. A 10.00 fee may be payable.

Regulator: The Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS

To receive this Agreement in an alternative format, please contact Us on 0870 990 7967 or email Us at customerservicespf@closebrothers.com

GDC-08-01-15 R_PL_CS_STD_CA_A_B_0115

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Credit Agreement regulated by the Consumer Credit Act 1974This Running Account Credit Agreement is between:

This Bank (Close Brothers Limited trading as Close Brothers Premium Finance, 21st Floor, Tolworth Tower, Ewell Road, Surbiton KT6 7EL); andThe Customer (If a trading name is used, insert name and trading title, e.g. Sam Jones t/a Jones Export)

Name Mr Daniel Schipor

Address 495 Kenton Lane, Harrow, Middlesex

Post Code HA3 7JW Email FAMILIASCHIPOR@YAHOO.COM Mobile

Home Tel 07760 957684 Date of Birth (if applicable) DD/MM/YY 12/08/89 Company Registration No. (If applicable)

Details of the Customers Insurance Broker (the Broker)

Broker Name Right Choice Insurance Brokers Ltd Broker Code 5005195045

Broker Address St James House, 24-43 Eastern Road, Romford, Essex, RM1 3NH

This Agreement and the FacilityReferences in this Agreement to We, Our and Us are to the Bank. References to You and Your are to theCustomer.

The main terms of this Agreement concerning the payments that You must make and Your rights under the Agreement

are set out on this page above the signature box. More detailed Conditions, which also form part of this Agreement, are

set out over the page.

This Agreement sets out the terms of a credit facility under which You, or the Broker on Your behalf, may request one

or more drawings to finance the purchase of insurance policies and any charges associated with those policies. You

authorise and instruct Us to forward the amount of each drawing to the Broker or the insurer under the policy being

financed. We will open an account in Your name to record the unpaid balance of all drawings, all interest and any charges

relating to the facility (the Account).

The facility has no fixed duration and, at the date of this Agreement, imposes no credit limit but We may apply a credit

limit by writing to You in advance.

Payments and repayments

You must make a minimum monthly payment to Us each month in respect of each drawing while You owe money under

this Agreement. We will determine the minimum monthly payment, which will be enough to repay each drawing (together

with any associated interest and charges) before the expiry of the insurance policy or policies it finances. We will write to

tell You what the minimum monthly payment is and the dates when it is due. We may notify You to revise the minimum

monthly payment and the dates when it is due each time there is a new drawing, a change in the insurance premium or

the charges being financed, or You make an overpayment or a partial early repayment. The total amount You must repay in respect of Your first drawing of 926.83 under this Agreement is 1,098.29 , assuming You make all Your

minimum monthly payments on time. This amount includes any credit arrangement fee You may have been charged by

the Broker.

Interest and charges

We apply a flat rate interest charge on the amount of each drawing. The flat rate interest charge on the first drawing

under this Agreement will be 18.50% . The annual rate of interest is equal to the flat rate interest charge adjusted by the

portion of a year for which the drawing is outstanding. The annual rate of interest for the first drawing under this

Agreement is 24.67% , assuming that the drawing is repaid in 10 instalments starting on the first date when the

facility is available. We may notify You to vary the flat rate interest charge and the annual rate of interest in accordance

with Condition 10.

The APR under this agreement is 52.27% , based on the assumptions that: (i) You make a single drawing, which is

assumed to be 1,200, on the first date when the facility is available and any facility fee and credit arrangement fee is

calculated on the basis of a drawing of that amount; (ii) the drawing, interest charge and any facility fee are repaid in equal

monthly payments over a period of one year commencing one month after the date of the drawing; and (iii) interest is

charged at the annual rate of interest quoted above. Based on these assumptions, the total amount You would have

pay under this Agreement would be 1,496.04

The dates and amounts of payments assumed to calculate the annual rate of interest, the APR and the total amount

payable may not be the same as the dates and amounts of payments that apply to actual drawings under this Agreement.

The facility fee for the first drawing made under this Agreement will be 0 The Broker will have charged you a

credit arrangement fee of 0.00 for the arrangement of this drawing. You may be charged a facility fee and / or

a credit arrangement fee each time you make a new drawing or increase the amount of a drawing to finance an increase

in insurance premium.

If one of the following events occurs, We may make the following charges (which We will debit from Your account

automatically):

(a) 30 if We do not receive any minimum monthly payment on time;

(b) 0 for each drawing if We end this Agreement for a reason set out in Condition 5;

(c) a fee of at least 25 if You ask to move back the date for any minimum monthly payment by more than 7 days;

(d) all reasonable management and administrative costs We incur in responding to and dealing with Your enquiries

relating to the administration of Your account, subject to any restrictions under (i) the Consumer Credit Act 1974

(CCA) and all regulations made under it; (ii) the rules of the Financial Conduct Authority and any other rules orrequirements of a relevant regulatory authority; and (iii) all other laws, rules and regulations as in force and

applicable to Our provision of credit under this Agreement (Applicable Law ); and

(e) if You fail to make a minimum monthly payment or to pay any other amount on time, interest on the unpaid amount

until that amount is paid, calculated daily at the annual rate of interest applicable to the relevant drawing (determined

as described under Interest and charges).

Right to withdraw

You have the right under the CCA to withdraw from this Agreement without giving any reason before the end of a period

of 14 days beginning on the day after (a) where We send You an agreement signed by Us, the day on which You enter

into this Agreement or (b) where You sign an agreement that has not been signed by Us, the day on which You receive a

copy of this Agreement signed by Us. If You wish to withdraw You must give Us notice by one of the following methods:

(i) by telephone on 0870 990 7967; (ii) by email to customerservicespf@closebrothers.com; or (iii) by post or delivery of the

notice to the above address. If You do give Us notice of withdrawal, You must repay to Us the amount of any drawing that

has been made without delay and in any event by no later than 30 days after the day on which You give US notice of

withdrawal. You will not be required to pay any interest or charges. If You withdraw from this Agreement leaving sums

outstanding We may notify credit reference agencies.

Missing payments

If You miss a payment You will incur extra charges, Your credit record may be affected and You may find it harder to

borrow again from Us or another lender. We may take steps to have Your insurance policy or policies terminated. We may

also take legal action against You.

Use of Your information

In order for Us and others to: (i) assess Your credit application; (ii) administer this Agreement and related transactions;

or (iii) comply with laws and regulations, undertake fraud prevention, debt recovery, statistical analysis or systems

development, You agree that We may use personal information about You and pass Your personal data to: (i) associated

companies within and outside the European Economic Area (EEA); (ii) third party service providers within and outside theEEA; (iii) credit reference, law enforcement or fraud prevention agencies; and (iv) anyone acting on Your behalf and any

guarantor of this Agreement.

We and any other company in the Close Brothers Group plc group (Group Company ) may contact You in relation tothis Agreement by post, email, text message or phone. We may send You marketing information advising You of other

financial products and services offered by Us or a Group Company that may be of interest to You. You have the right at

any time to stop Us from contacting You. Please write to Us at the above address, email Us at

customerservicespf@closebrothers.com or telephone Us on 0870 990 7967 if You want Us to stop or for more details.

Signature of Customer Signature of Bank

Print Name Date Date 26/05/2015

Customer declaration and data protection

By entering into this Agreement, You consent to receiving post, email, text and/or phone marketing messages from Us. If

Customer acknowledgements

(a) These are Our standard terms and conditions on which We intend to rely. You should read this Agreement carefully

You do not want to receive such marketing, tick here. before signing it, together with any other documentation We have sent You. If You do not understand anything please

You confirm that:

(a) all information given by You in connection with this Agreement is true and correct;

(b) You are not in default under any agreement with Us or a Group Company;

(c) You are not aware of any circumstances that would affect Our decision to enter into this Agreement with You

(including Your inability to make Your monthly minimum payments on time);

(d) You have received the pre contract information prior to signing this agreement.

If you are not a company or partnership You also confirm that:

(e) You have not been adjudged bankrupt and no proceedings for bankruptcy are pending or have been issued against

You; and

(f) You consent to Us and third parties using Your personal information as set out in this Agreement.

ask for further information or seek independent advice.

(b) If We do not receive a signed copy of this Agreement back from You (or satisfactory confirmation that You have signed

it), We will have no obligation to provide You with credit. If We withdraw Our offer to provide credit, any amounts paid

by Us to the Broker will be held by the Insurer on Our behalf and You authorise Us to repay any interest and charges

that We have collected from You to the Broker on Your behalf. Any insurance policy that was to be financed under this

Agreement may be at risk of being cancelled.

(c) Even if You do not sign and return a copy of this Agreement to Us or confirm that You have done so, We will regard

You as having accepted Our offer to provide credit to You on the terms set out in this Agreement if You permit the first

minimum monthly payment under the facility to be collected from Your bank account under the Direct Debit Instruction

that You have provided to Us.

BfuBfVZVeCJdeJFu;FUJUwYZdeDfw:dwXB500589175501

FO

RM

910

1

R_PL_CS_STD_CA_A_B_0115

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

Mr Daniel Schipor 27/5/2015

Conditions

1. Request for drawings: You may request credit under this Agreement by sending Your request to the

Broker. We may decline any such request. The amount of any request for credit in connection with the

policy being financed (such policy including any renewal, substitution or replacement of the policy, being a

Relevant Policy ) will be debited to Your Account and We will pay it to the Broker or the insurer.

2. Minimum monthly payments: You must pay to Us by Direct Debit a minimum monthly payment as referred

to on the front page of this Agreement. We do not have to send You a separate demand. You must

maintain a Direct Debit Instruction in respect of the minimum monthly payment due for the duration of this

Agreement.

3. Security: As security for the payment of all present and future amounts, obligations and liabilities that You

owe to Us under or in connection with this Agreement (Unpaid Amounts ), You:

(a) charge to Us by way of first fixed charge; and

(b) assign and agree to assign to Us by security, absolutely and unconditionally, all Your right, title and interest

at any time in and to the Relevant Policies, including (without limitation) all rights to and interest in (i) all

sums payable under Relevant Policies (including refunds and claims other than third party claims), and (ii)

the right to cancel and/or enforce the Relevant Policies.

In addition, for so long as there are Unpaid Amounts outstanding, You agree that You will:

(c) not create or allow to exist any security interest on, or in relation to, any Relevant Policy other than those

rights specifically given in Our favour;

(d) not assign or transfer any Relevant Policy to any other person;

(e) not cancel, vary, renew or replace any Relevant Policy without Our consent;

(f) not claim under any Relevant Policy without notifying Us in advance;

(g) not appoint a broker other than the Broker referred to on the front page of this Agreement without Our

consent;

(h) not do or allow anything to be done which might prejudice Our security over the Relevant Policies or

reduce the amount payable under any of them;

(i) ensure that any refund of premiums due in connection with a Relevant Policy is paid to Us (and We will

credit the refund to Your Account); and

(j) take whatever action We reasonably request to (i) perfect or protect the security created by this

Agreement, and (ii) enable the cancellation or enforcement of any Relevant Policies.

4. Enforcement of security: If, following any event or circumstance specified in Condition 5 (each an Event

of Default ), We decide to enforce the security, We (or the Broker acting on Our behalf) may take such

steps in relation to the Relevant Policies as are necessary to protect Us. These steps may include (but are

not limited to): (i) notifying Your insurer of Our interest in the Relevant Policies; (ii) cancelling any Relevant

Policy and applying any proceeds or refunds paid under it in or towards payment of the Unpaid Amounts;

(iii) taking steps to enforce any Relevant Policy; and (iv) taking possession of any Relevant Policy and

retaining it. This will mean that You do not receive any amounts paid in connection with the Relevant

Policies until We have been repaid in full.

5. Events of default: The Events of Default are:

(a) You fail to pay on the due date any minimum monthly payment due in respect of Your Account;

(b) You use all or any part of any drawing for any purpose other than to pay the premium on a Relevant Policy

or any associated charges;

(c) any of the following apply to You:

(i) You are insolvent or unable to pay Your debts under any applicable law or You suspend payments on any

of Your debts;

(ii) a statutory demand or bankruptcy petition or order is served on You;

(iii) an arrangement is approved in respect of You for a compromise of Your debts or You sign a trust deed for

the benefit of creditors;

(iv) You are dissolved, enter administration, moratorium or receivership or are wound-up; or

(v) any procedure or step is taken in any jurisdiction in respect of You which has a similar effect to those in (i)

to (iv) above;

(d) enforcement or execution or distress is levied or attempted against You or any of Your assets or income

including (without limitation) the appointment of a receiver or any procedure or step is taken in any

jurisdiction which has a similar effect;

(e) You fail to comply in any material respect with any of the terms of this Agreement;

(f) You are in material breach of any of the terms of any other agreement that You have entered into with Us or

any other Group Company;

(g) We consider, in Our reasonable discretion, that the security that You have granted to Us under this

Agreement is in jeopardy;

(h) You have given false information or have otherwise committed or assisted another person to commit fraud

in connection with this Agreement; or

(i) We reasonably consider that Our reputation would be at risk if We were to continue with this Agreement.

6. Remedies on default: If any Event of Default occurs and is continuing, and We give You at least fourteen

days notice in writing, then We may:

(a) declare that any Unpaid Amounts (including unpaid interest that has not yet been debited to Your account)

have become immediately due and payable to Us; and

(b) enforce the security that You have granted to Us.

7. Termination of the Agreement:

(a) We may end this Agreement at any time by giving You at least two months written notice.

(b) You (or the Broker acting on Your behalf) may end this Agreement at any time by giving written notice to Us.

(c) If We or You terminate this Agreement You must pay Us on or before the termination date any Unpaid

Amounts (including accrued interest which has not yet been debited to Your Account).

8. Set-off rights: We may set-off any amount due from You under this Agreement or under any other

agreement with Us or any other Group Company against any obligation that We owe to You. Any exercise

of Our right to set-off shall not limit or affect any other rights or remedies available to Us under this

Agreement.

9. The Broker:

(a) You authorise and instruct the Broker on Your behalf to:

(i) submit any application for a drawing;

(ii) pay any drawing to the insurer to cover the cost of a premium payable under a Relevant Policy; and

(iii) arrange for any refund of premiums following cancellation of a Relevant Policy and any other amounts

payable to You in connection with a Relevant Policy to be paid to Us (and We will credit those amounts to

Your Account).

(b) You authorise Us to pay to the Broker on Your behalf any amount (including repayment of any interest and

charges on withdrawal) that We have to pay to You under this Agreement.

(c) The Broker has at Our request made arrangements for You to enter into this Agreement and You

acknowledge and agree that We may pay commission to the Broker. Nevertheless, the Broker has not

acted and does not act as Our agent in relation to this Agreement or the facility.

10. Variation:

(a) We may vary this Agreement with immediate effect (and will notify You in writing where We have done so)

to:

(i) reflect changes in Applicable Law or new industry guidance or codes of practice; or

(ii) vary the flat rate interest charge and the annual rate of interest if You request a further drawing or an

increase of an existing drawing or to reflect changes in the cost of providing Our services to You.

(b) If We give You at least seven days written notice We may vary this Agreement to:

(i) vary the facility fee if You request a further drawing or an increase of an existing drawing;

(ii) vary any charges to reflect changes in the cost of providing Our services to You;

(iii) correct an obvious error or make minor amendments to this Agreement that do not materially prejudice

Your rights under it; or

(iv) reflect an improvement to or extension of the scope of the services that We provide to You or any other

change to the services that is not detrimental to You.

(c) Where We agree to finance an increase in the insurance premium or associated charges, this may be

treated as a new drawing or an increase in an existing drawing.

11. Credit reference and fraud prevention agencies: To assess Your application, prevent fraud or money

laundering, We may: (i) use credit scoring and automated decision making systems; and (ii) search

records, which may be linked to persons with whom You are linked financially and record details relating

to You, at credit reference and fraud prevention agencies. We may add details of this Agreement and

payments, defaults or failures by You under it to Your record.

Credit reference and fraud prevention agencies keep records of enquiries and add details of Our search and

Your application to Your record. You can ask for the names of the credit reference and fraud prevention

agencies to whom We disclose information or from whom We have obtained information about You by

writing to Us or telephoning Us on 0870 990 7967

12. Information: You must promptly:

(a) provide Us with any information that We may reasonably request from You that is relevant to Our

assessment of Your creditworthiness; and

(b) inform Us without delay of any changes to Your contact details provided.

13. Transfer of rights and obligations: We may transfer all or any of Our rights and obligations under this

Agreement to any person, provided that We reasonably believe such transfer will not prejudice Your rights.

You may not assign or transfer Your rights or obligations under this Agreement without Our consent.

14. No waiver: Any failure by Us (whether continued or not) to insist upon strict compliance with any of the

terms of this Agreement will not affect Our ability to exercise Our rights in the future.

15. Governing law: This Agreement and any non contractual obligations arising out of or in connection with it

are governed by English law and both You and We submit to the non-exclusive jurisdiction of the English

courts in relation to any dispute in connection with this Agreement.

Important information

16. Right to repay early: You have the right under the CCA to repay amounts that You have borrowed under

this Agreement early in full or in part. If You wish to repay any amount early You must give Us notice by one

of the following methods: (i) by telephone on 0870 990 7967; (ii) by email to

customerservicespf@closebrothers.com or (iii) by post or delivery of the notice to the above address. If You

do repay an amount early, We may recalculate the minimum monthly payment to ensure that drawings are

repaid over the time period originally agreed with You.

17. Right of action: You may be entitled to take action against the insurer under a Relevant Policy, the Broker

or Us if You have received unsatisfactory services paid for under this Agreement costing more than 100

and not more than 30,000. If the value of the services is more than 30,000 and less than 60,260 You

are entitled to take action against Us if You are unable to obtain redress from the insurer or the Broker.

18.Consumer Credit Act: If You are a company or a partnership consisting of four or more persons, You willnot benefit from protections under the CCA or the Consumer Credit Sourcebook of the Financial Conduct

Authority.

19. Complaints and requesting information: If You would like to make a complaint about Our services, in the

first instance, and to allow Us to resolve any problems, please telephone Us on 0870 990 7967, email Us at

complaintspf@closebrothers.com or write to Us at the address at the top of the front page. Our complaints

handling procedures can be obtained using any of the above details. If You feel the complaint has not been

satisfactorily resolved then, if You are not a business debtor, You have a right to complain to the Financial

Ombudsman Service. If You are a business debtor, You may have a right to complain to the Financial

Ombudsman Service. The Financial Ombudsman can be contacted on 0800 023 4567, or by writing to The

Financial Ombudsman Service, Exchange Tower, London E14 9SR or by email to

complaint.info@financial-ombudsman.org.uk or via their website at www.financial-ombudsman.org.uk. You

may ask for a copy of the information We hold about You by writing to Information Requests at the address

at the top of the front page. A 10.00 fee may be payable.

Regulator: The Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS

To receive this Agreement in an alternative format, please contact Us on 0870 990 7967 or email Us at customerservicespf@closebrothers.com

GDC-08-01-15 R_PL_CS_STD_CA_A_B_0115

DocuSign Envelope ID: 4F94610A-28ED-423F-98F9-DDC82AA8F066

2015-05-27T14:27:13-0700DocuSign, Inc.Digitally verifiable PDF exported from www.docusign.com